The post Ethereum ETF Hopes Boost Ether Call Options appeared first on Coinpedia Fintech News
Amid renewed hope in the market over the potential Ethereum ETF approval, ether call options are now more expensive than put options for all expiries, signifying a bullish outlook. Traders are willing to pay more for calls than puts, particularly for options expiring at the end of June and beyond. This indicates a bullish market sentiment as traders anticipate a future price rise. After the SEC’s surprise request for filing amendments, the Deribit exchange saw a surge in trading volumes and volatility for ether options and futures. An unprecedented trading volume of $12.5 billion notional was recorded over the last 24 hours.
